The Imps parted company with manager John Schofield and director of football John Deehan, the former Town coach, on Monday.

And it seems 46-year-old Jackson, who has also been linked with Town’s League I rivals Port Vale in recent weeks, would fit the bill at Sincil Bank.

“I’ve had some time away and I want to get back into the game,” said Jackson, above, whose second spell as Town manager ended in March.

“I need a challenge and I’m certainly not ruling Lincoln out.

Town defeated Lincoln in the League II play-off semi-finals before going on to beat Mansfield on penalties at Cardiff under Jackson, who added: “I’ve had some fantastic tussles with Lincoln over the years as a player and as manager.

“They’ve got some good players, and I already know the likes of Scott Kerr and (ex-Town man) Nat Brown while Lee Frecklington is another who I have kept my eye on, because he is a tremendous prospect.

“To be in the fans’ thoughts as well is very flattering so we’ll wait and see what happens.”

Lincoln have been play-off regulars in recent years, but are currently second-bottom of League II.

Chairman Steff Wright, who is also thought to be considering ex-Lincoln manager Keith Alexander and Burton boss Nigel Clough, acted in the wake of Sunday’s 4-0 Sky-televised defeat at MK Dons.

Deehan, who arrived at the club in the summer of 2006, said: “Steff told me recent results had not been good enough, which was the reason behind our departure.

“I’m full of mixed emotions at the moment, because I genuinely believed we could turn it around and I am a little shocked at my departure.

“Had we just got that one win, I felt we could have turned the corner.

“Ultimately, though, I’ve been in the game long enough to know it’s a results business.”

Deehan, who worked under Town managers Steve Bruce and Lou Macari between 1999 and 2001, when he became coach at Aston Villa, added: “The person I feel sorry for the most is John Schofield.

“If you cut him open he bled Lincoln City and you could sense he desperately wanted to make a go of it.

“He did wonderfully well in his first season and I think the club will rue the fact they let him go.

“He’ll find himself another job no problem, I have no doubt about that.”

One person certainly seeking a new job is Mark Stimson, who has resigned as manager of Blue Square Premier club Stevenage Borough.

The former Newcastle, Tottenham and Portsmouth player has been strongly linked with Gillingham, who are looking to replace ex-Town player Ronnie Jepson, and Port Vale.

Cheltenham complete a trio of League I clubs currently without a manager.

They are currently under the caretaker leadership of Keith Downing but have been linked with Martin Allen.